User login

What is OpenID?

Google Friend Connect

loading...
Home
Syndicate content
great news

QBE better than Buffett

Wed 10/02/10 - 11:54:13 vs6
Yet those who’ve bought in over the past four years have seen results ranging from pedestrian to plain terrible (the share price is down 35 per cent since August 2007). It begs the question: is this an opportunity, or simply a business that isn’t as good as it once was? My money is on
the
Tags : smh.com.au, Warren Buffett, spa, Invest, insurance, earnings, dividend, berkshire hathaway, insurance stocks, casualty insurers, bad debts, operating ratio, flow characteristics, developing economies, insurance companies, weighted average, great news, share price, insurer, pedestrian, cor, trillion

Supermarket deal on restrictive leases "meaningless"

Tue 09/02/10 - 09:33:15 vs6
The Australian Competition and Consumer Commission yesterday announced secondary supermarket players Metcash (which supplies IGA stores), Foodworks, SPAR, Franklins and Aldi had agreed they would not enter into any new leasing arrangement which includes restrictions on competition, and would
Tags : smh.com.au, spa, Commission, ccc, consumer affairs minister, lease clauses, restrictive clauses, restrictive conditions, competition policy, shopping centre, title.leases, leases, great news, dominance, supermarket, majors

Supermarket reforms | Australian Competition & Consumer Commission

Tue 09/02/10 - 06:12:41 vs6
Be the first to comment More choice or a worthless reform? A deal to stop supermarkets using restrictive leases to stifle competition is meaningless on its own, a leading consumer advocate says. The Australian Competition and Consumer Commission yesterday announced secondary
Article image
Tags : smh.com.au, Star, spa, SET, Security, scr, RON, Relo, member, IDS, HTML, FIE, DSE, Count, title.Commission, Commission, Close, ccc, Account, 403, consumer affairs minister, lease clauses, restrictive clauses, consumer advocate, restrictive conditions, competition policy, shopping centre, leases, great news, supermarket, supermarkets

Fill up fast while petrol is cheap, expert says

Mon 01/02/10 - 05:32:17 vs6
An economist says motorists should be quick if they want to take advantage of the biggest weekly slide in petrol prices for seven months . But Commsec economist Savanth Sebastian says the weakness in the Australian dollar means the price slide is unlikely to last long. "We were
Article image
Tags : au.biz.yahoo.com, title.Fill, petrol prices, motorists, fortnight, seven months, great news, economist, pump prices

Fill up fast while petrol is cheap, expert says

Mon 01/02/10 - 03:32:15 vs6
Commsec says the average cost of petrol has dropped by 2.5 cents per litre in the past week. But Commsec economist Savanth Sebastian says the weakness in the Australian dollar means the price slide is unlikely to last long. "We were expecting a cumulative fall of around 3 cents per litres in
Article image
Tags : abc.net.au, title.Fill, fortnight, great news, litre, motorists, title.petrol, Petrol, economist, pump prices

Gold miner promises NT jobs boost

Fri 29/01/10 - 09:52:31 vs6
Tanami Gold, which operates the Coyote Project in Western Australia, has announced a $22 million deal to take over Newmont's Groundrush gold project in the NT. Tanami Gold managing director Graeme Sloan says the project should allow the company to increase its annual gold production to more
Tags : abc.net.au, workforce, exploration portfolio, gold production, gold project, great news, pits, managing director, infrastructure

Saab rescued as GM sells to Spyker

Wed 27/01/10 - 08:31:56 vs6
THE ailing Swedish carmaker Saab has been saved from closure at the 11th hour through a rescue by Dutch sports car manufacturer Spyker Cars. Spyker struck a deal to buy the business from General Motors for $US74 million ($A82.2 million) in cash plus $US326 million worth of shares.
Article image
Tags : smh.com.au, investment bank, Invest, IAN, General Motors, europe, Euro, preference shares, fresh hope, global car, carmaker, corporate planning, car manufacturer, 11th hour, voting power, great news, salvage

GM to sell Saab to Dutch carmaker Spyker

Wed 27/01/10 - 04:12:01 vs6
AP General Motors Co said it has reached an agreement to sell its struggling Saab Automobile arm to the small Dutch luxury carmaker Spyker Cars NV. GM has not specified terms of the deal, but a Wall Street Journal report citing anonymous sources says the sale price is roughly $US74
Article image
Tags : news.smh.com.au, Wall Street, RON, investment bank, Invest, General Motors, europe, Euro, luxury carmaker, anonymous sources, preferred shares, great news, lifeline, vice president, coup

GM to sell Saab to Spyker in last-minute deal

Wed 27/01/10 - 04:11:51 vs6
As part of the agreement, Spyker will form a new company, Saab Spyker Automobiles, which will carry the Saab nameplate forward. GM officials said the deal calls for Spyker to pay $US74 million ($82 million) in cash and allow GM to retain redeemable preferred shares worth an estimate
d
Article image
Tags : news.com.au, stock, RON, investment bank, Invest, Industry, Hold, General Motors, europe, Euro, decade, assets, illustrious history, wind down, corporate planning, preferred shares, nameplate, sustainable future, great news, livelihoods, reassurance, closing date

GM to sell Saab to Dutch carmaker Spyker | General Motors

Wed 27/01/10 - 03:13:58 vs6
GM has not specified terms of the deal, but a Wall Street Journal report citing anonymous sources says the sale price is roughly $US74 million ($A82 million), and GM will retain preferred shares in Saab worth $US326 million ($A361.2 million). As part of the deal, the Swedish government will
Article image
Tags : businessday.com.au, Wall Street, investment bank, Invest, title.General Motors, europe, Euro, anonymous sources, preferred shares, great news, lifeline, vice president, coup

GM to sell Saab to Dutch carmaker Spyker | General Motors

Wed 27/01/10 - 03:12:41 vs6
General Motors Co said on Tuesday it has reached an agreement to sell its struggling Saab Automobile arm to the small Dutch luxury carmaker Spyker Cars NV. GM has not specified terms of the deal, but a Wall Street Journal report citing anonymous sources says the sale price is roughly $US74
Article image
Tags : smh.com.au, Wall Street, investment bank, Invest, title.General Motors, General Motors, europe, Euro, luxury carmaker, anonymous sources, preferred shares, great news, lifeline, vice president, coup

U.S. Stocks Gain for Third Day on Home Sales, Jabil Forecast - Bloomberg.com

Tue 22/12/09 - 11:10:41 vs6
Dec. 22 (Bloomberg) -- U.S. stocks rose for a third day after existing home sales topped economists’ forecasts and Jabil Circuit Inc. ’s better-than-estimated profit projection triggered gains in technology companies. “The recovery in the housing market is an important step
for...
Article image
Tags : bloomberg.com, VIX, Two, title.Stock, Short, S&P 500, S&P, retracement, Quote, Jim Cramer, Index, Hold, title.Gain, Gain, Equity, dow jones industrial average, title.Bloomberg, bloomberg, chief market strategist, existing home sales, price graphs, quarter profits, stock options, gross domestic product, housing market, meltdown, great news

U.S. Stocks Gain for Third Day as Jabil, Intel Shares Advance - Bloomberg.com

Tue 22/12/09 - 10:50:42 vs6
Dec. 22 (Bloomberg) -- U.S. stocks rose for a third day after existing home sales topped economists’ forecasts and Jabil Circuit Inc. ’s better-than-estimated profit forecast triggered gains in technology companies. “It’s great news,” said Jeffrey Kleintop, who helps overse
e about...
Article image
Tags : bloomberg.com, Two, title.Stock, stock, Short, title.Shares, S&P 500, retracement, Quote, Index, title.Gain, europe, Euro, Equity, dow jones industrial average, title.Bloomberg, bloomberg, chief market strategist, existing home sales, price graphs, quarter profits, gross domestic product, housing market, meltdown, great news

NSW economy grows slightly

Thu 17/12/09 - 02:50:55 vs6
AAP The NSW government is trumpeting economic figures showing the state's economy grew 0.2 per cent last financial year, despite lagging behind every other state. The accounts figures released by the Australian Bureau of Statistics on Thursday found NSW's economy had grown slightly in...
Article image
Tags : news.smh.com.au, spa, RON, global financial crisis, budget time, business confidence, state economy, economic figures, unemployment rate, state budget, jobless rate, first thought, great news, top performers

Citigroup to Repay $20 Billion of Government Bailout (Update2) - Bloomberg.com

Mon 14/12/09 - 11:10:55 vs6
Citigroup, the only major U.S. lender still dependent on what the government calls “exceptional financial assistance,” will raise the funds with a sale of $20.5 billion of equity and debt. The New York-based company also plans to substitute “substantial common stock” for
cash...
Article image
Tags : bloomberg.com, Wall Street, U.S. Treasury, Troubled Asset Relief Program, tarp, stock, Short, Quote, Morgan, LLC, General Motors, chief executive officer, title.Bloomberg, bloomberg, assets, 12 months, common stock equivalent, trust preferred securities, cash compensation, investment firm, allotment, great news, financial assistance

Ravensthorpe mine sold | BHP Billiton | First Quantum Minerals Australia

Wed 09/12/09 - 11:09:58 vs6
Hopetoun and Ravensthorpe were both devastated by the closure of BHP Billiton's mine in January. Photo: Andrew Burrell Ravensthorpe leaders have lauded BHP Billiton's decision to offload its dormant nickel mine to Canadian-based company First Quantum Minerals Australia. First...
Article image
Tags : smh.com.au, spa, Invest, title.BHP, BHP, 12 months, ravensthorpe, shire president, hopetoun, public face, mining companies, uncertain future, great news, stock exchange, price tag, shi, local community

No euphoria in Ravensthorpe

Wed 09/12/09 - 10:50:13 vs6
The local community is happy but ‘‘cautious’’ about BHP Billiton’s sale of its Ravensthorpe nickel operation to a Canadian-based miner, a councillor says. BHP said today had sold the troubled mine to First Quantum Minerals Australia for $376 million, with the sale to be fi
nalised...
Article image
Tags : smh.com.au, spa, Media, BHP, 12 months, shire president, nickel prices, first three months, bad publicity, best guess, coastal area, public face, ineptitude, mining companies, prospective buyers, beautiful place, councillor, great news, local community

Ravensthorpe mine sold | BHP Billiton | First Quantum Minerals Australia

Wed 09/12/09 - 08:50:23 vs6
Ravensthorpe leaders have lauded BHP Billiton's decision to offload its dormant nickel mine to Canadian-based company First Quantum Minerals Australia. First Quantum has paid  a bargain $US340 million ($376 million) for the mine, 540km south-east of Perth, which BHP Billiton closed..
.
Article image
Tags : smh.com.au, spa, Media, Invest, Bond, title.BHP, BHP, commercial decision, engineering works, uncertain future, hardware store, great news, stock exchange, first quarter, nickel, infrastructure

Stocks, Dollar Rally as Gold, Treasuries Drop on Jobs Data - Bloomberg.com

Fri 04/12/09 - 11:10:57 vs6
The Standard & Poor’s 500 Index jumped 1.4 percent to a 14- month closing-basis high of 1,115.81 at 10:49 a.m. in New York after the Labor Department said the U.S. lost the fewest jobs last month since the recession began. The MSCI Emerging Markets Index rose for a fifth straight day, its.
..
Article image
Tags : bloomberg.com, title.Stock, Short, S&P 500, Quote, MSCI Emerging Markets Index, MSCI, MSC, Invest, Index, title.Drop, title.Bloomberg, t square, unemployment rate, basis points, consumer spending, press secretary, great news, strategist

Stocks, Dollar Rally as Gold, Treasuries Drop on Jobs Data - Bloomberg.com

Fri 04/12/09 - 10:10:34 vs6
The Standard & Poor’s 500 Index jumped 1.1 percent to 1,112.32 at 9:33 a.m. in New York after the Labor Department said the U.S. lost the fewest jobs last month since the recession began. The MSCI World Index of 23 developed markets erased a 0.3 percent decline and advanced 0.5 percent. The 10-.
..
Article image
Tags : bloomberg.com, title.Stock, Short, S&P 500, Quote, MSCI, MSC, Index, Exchange, title.Drop, title.Bloomberg, chief investment officer, major trading partners, t square, unemployment rate, metric ton, basis points, consumer spending, press secretary, great news